Here’s What Actually Works! Faking Your Own Death: Not Exactly Sound Estate Planning
1. Trusts: Trusts can shield your assets from creditors, lawsuits, and, yes, even from any long-lost relative who suddenly appears demanding their share. 2. Wealth Preservation Planning: This isn’t just for the super- rich. Whether you have significant assets or a modest estate, preserving what you’ve worked hard for is critical. 3. Long-Term Care Planning: Long-term care is one of the most significant financial risks as we age. Nursing home costs can quickly drain a lifetime of savings, but with proper planning, you can protect your assets while still ensuring you get the care you need. The Bottom Line While the idea of disappearing to a tropical island might seem appealing when faced with financial obligations, it’s not a viable strategy — unless you want to see the inside of a
We’ve all heard wild stories about people trying to dodge their responsibilities, but few compare to the recent tale of a Kentucky man who faked his own death to avoid paying child support. He’s now looking at over six years in federal prison. While we can’t condone his methods, his story does offer a valuable lesson: There are much better (and legal) ways to protect your assets. What Not to Do: Faking Your Own Death The gentleman in question hacked into a death registry, creating a fraudulent death certificate and registering himself as deceased. His grand plan? Avoiding child support and living off the grid. Unfortunately for him, his scheme unraveled, leaving him with a lengthy prison sentence. This story highlights a common theme: People often resort to extreme (and illegal) measures when they don’t know their options. The truth is that if you’re concerned about protecting your assets, faking your death should be the last thing on your mind. Instead, estate planning should be at the top. What Actually Works: Estate Planning and Wealth Preservation If your goal is to protect your assets, provide for your family, and ensure your wishes are honored, proven legal strategies work far better than any hacker’s scheme. Here’s how proper estate planning can help.
federal prison. Instead, let’s focus on building a real plan that protects your assets and your legacy.
–Mike Monteforte Jr.
Greek Chicken and Rice
• 2 tbsp olive oil • 1 onion, diced INGREDIENTS
• 2 cups chicken broth • 1 (14-oz) can diced tomatoes • 1 cup uncooked long-grain white rice • Juice of 1 lemon • 1/2 cup feta cheese • Salt and pepper, to taste
• 2 cloves garlic, minced • 2 lbs boneless, skinless chicken breasts, cubed • 1 tsp dried oregano • 1 tsp dried thyme
DIRECTIONS 1. In a large skillet over medium heat, heat olive oil and sauté onion and garlic until softened. 2. Add chicken, oregano, and thyme and cook until the chicken is no longer pink, about 3–4 minutes. 3. Pour in chicken broth, diced tomatoes, and rice. Bring to a boil, then reduce heat to low and cover. Simmer for 15 minutes or until the rice is cooked through. 4. Stir in the lemon juice and feta cheese, then season with salt and pepper.
“We are so lucky to have met Attorney Clara Jensen and have full confidence in her abilities! She had been very helpful and knowledgeable in helping us establish our trust and documents. Thank you, Monteforte Law!” Richard and Cheryl S.
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